Rick Caro Joins Motionsoft Board of Directors
January 16, 2010
Rick Caro — Founder and Past President of IHRSA — Joins Motionsoft Board of Directors
Industry Visionary Is a Huge Asset to Motionsoft’s Arsenal
SILVER SPRING, MD – Motionsoft Inc, a leading provider of member relationship management (MRM) applications and financial services for the health, fitness and active lifestyle industries, announced today the election of Rick Caro, Founder of IHRSA and current President of Management Vision. Caro will join the Motionsoft Board of Directors. As a member of the Board, Caro will work with Co-Founders Al and Hossein Noshirvani as well as Chairman Benson Fine, to provide strategic counsel and direction leveraging his 30 plus years as an industry leader and visionary.
“We are honored to have Rick Caro join our Board of Directors,” said Motionsoft CEO Al Noshirvani. “Motionsoft has become the preeminent provider of technology and services to the health and fitness industry and Rick’s advice to us over the years has been invaluable; having him join our team in an official capacity will allow us to further leverage his unmatched industry knowledge, contacts and vision” added Noshirvani.
With over 36 years of experience, first as an owner and now as an industry consultant and expert. Caro is recognizes as one of the industry’s most renowned thought leaders. He has consulted on market and economic feasibility studies, business plans and financial matters to over 1,900 clubs worldwide. Mr. Caro was the Founder, past President and Director of IHRSA (International Health, Racquet and Sportsclub Association), the trade association of over 9,750 clubs in over 78 countries. Caro is frequent contributor to several industry trade magazines and is the author of the book, Financial Management. He earned a BS degree in Psychology from Tufts University and an MBA with distinction from New York University.
“I am delighted to have been elected to the Board of Directors of such an innovative company,” said Mr. Caro. “Having been fortunate to work with many different companies throughout my career, it is clear to me that Motionsoft faces significant market opportunities with superior assets and advantages. I look forward to working with my colleagues on the Board and a seasoned management team.”
Motionsoft has recently completed the most successful year in the organization’s 25-year history having completed an acquisition and more than doubling 2008 revenues.